Resale Properties Are Getting 1% OFF Transfer TAX

Taxation of Spanish property

Resale Properties Are Getting 1% OFF Transfer TAX

The Andalusian Government has recently approved a lower general rate of the Transfer Tax and Stamp Duty in order to boost the real estate industry. This is currently in force until 31st Dec, 2021. The goal is to reactivate the real estate sector, encourage second home purchases, benefit purchasers, create incentive for new construction at more affordable prices and in general boost the market in...

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